JPMorgan Active Value ETF (NYSEARCA:JAVA) is GGM Financials LLC’s 7th Largest Position

GGM Financials LLC lessened its holdings in JPMorgan Active Value ETF (NYSEARCA:JAVA) by 0.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 79,753 shares of the company’s stock after selling 277 shares during the period. JPMorgan Active Value ETF comprises approximately 4.4% of GGM Financials LLC’s holdings, making the stock its 7th biggest holding. GGM Financials LLC owned about 0.42% of JPMorgan Active Value ETF worth $5,110,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in JAVA. Strategic Financial Concepts LLC acquired a new stake in JPMorgan Active Value ETF in the second quarter valued at approximately $27,000. LGT Financial Advisors LLC lifted its holdings in JPMorgan Active Value ETF by 53.9% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,151 shares of the company’s stock worth $74,000 after buying an additional 403 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in JPMorgan Active Value ETF in the 2nd quarter valued at about $82,000. Geneos Wealth Management Inc. acquired a new stake in shares of JPMorgan Active Value ETF during the first quarter valued at about $95,000. Finally, Comerica Bank increased its position in shares of JPMorgan Active Value ETF by 11.5% during the first quarter. Comerica Bank now owns 3,536 shares of the company’s stock worth $212,000 after acquiring an additional 364 shares during the last quarter.

JPMorgan Active Value ETF Stock Performance

NYSEARCA:JAVA opened at $66.74 on Thursday. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 19.49 and a beta of 0.76. JPMorgan Active Value ETF has a one year low of $50.30 and a one year high of $66.79. The business’s 50-day simple moving average is $63.81 and its 200 day simple moving average is $61.26.

JPMorgan Active Value ETF Company Profile

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.